Melior Enters Into Further Standstill Amending Agreement and Extended Promissory Note
28 Junho 2021 - 9:30AM
Melior Resources Inc. (TSXV: “
MLR”)
(“
Melior” or the “
Company”)
refers to its press release of April 28, 2021 regarding the Default
Notice received from Pala Investments Ltd (“
Pala”)
and the subsequent Standstill Agreement entered into with Pala.
The Company announces that it has today entered
into a further standstill amending agreement with Pala pursuant to
which Pala has agreed to extend the standstill period until
September 30, 2021.
Furthermore, Melior has also today entered into
a further amended demand promissory note (the “Amended
Promissory Note”) with Pala extending the maturity of the
loan from June 30, 2021 to September 30, 2021. All other terms of
the Amended Promissory Note remain unchanged.
MELIOR RESOURCES INC.Martyn
ButtenshawInterim Chief Executive
Officer+41 41 560
9070info@meliorresources.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Melior Resources (TSXV:MLR)
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